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THV system, final edition

  • #4,341
  • Feb 2, 2009 11:36pm Feb 2, 2009 11:36pm
Quoting TradeWell
G'nite guys. Enjoy your scalping. Do some for me too.
nite
Pip what you see; See what you pip!
  • #4,342
  • Feb 3, 2009 12:01am Feb 3, 2009 12:01am
Seer are you trading that Bull divergence on the 1M?
  • #4,343
  • Feb 3, 2009 12:03am Feb 3, 2009 12:03am
Quoting rogueforex
Seer are you trading that Bull divergence on the 1M?
already out with 8 pips -

I'm out for a bit - 'till Euro open or things begin to open up again.
Pip what you see; See what you pip!
  • #4,344
  • Feb 3, 2009 12:19am Feb 3, 2009 12:19am
How about make an EA that automatic get data from indicators instead of open variable it self ?
Rich is just a definition !
  • #4,345
  • Feb 3, 2009 12:27am Feb 3, 2009 12:27am
Quoting hazenvnn
How about make an EA that automatic get data from indicators instead of open variable it self ?
Please refer to the second post of this thread and I do believe that the issue of EA's have been brought up and discussed multiple times throughout this thread. I wish I could be more specific for you - I'm sure one of the team leaders will be on to address it for you at some point soon. -

Good pippin' -

Seer
Pip what you see; See what you pip!
  • #4,346
  • Feb 3, 2009 1:23am Feb 3, 2009 1:23am
downloaded the thv3 from first page, which came with an "analyse chart" folder, loaded it...

realize the RSI v2 indicator table windows's price figures is "dead".

wonder which indicators in v2 do i need to include in my mt4 indicator window to get the price moving for the v2 analyse chart template...?
  • #4,347
  • Feb 3, 2009 2:14am Feb 3, 2009 2:14am
good morning all,

no enter if this goes with the red line, correct?
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  • #4,348
  • Feb 3, 2009 3:13am Feb 3, 2009 3:13am
does the trix have to be in the same direction of the trade? in the foloowing there's a nice short but the trix lines showing long, should we get out of the trade in this case?
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  • #4,349
  • Feb 3, 2009 3:43am Feb 3, 2009 3:43am
Hi
Can somebody please tell me if this is a valid trade, the trade is marked with red lines?
I know it is sitting around FPV, but it does break it.
This trade does fail but when the market tries again a few bar later it breaks, would that be a vaild trade. All other rules are correct.
Many Thanks
scouseman
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  • #4,350
  • Feb 3, 2009 3:47am Feb 3, 2009 3:47am
Quoting HUnter123
does the trix have to be in the same direction of the trade? in the foloowing there's a nice short but the trix lines showing long, should we get out of the trade in this case?
Yes, it is usually good to get out of a trade when the trix is near the oversold or overbought line and changes colors. Protect every pip and then watch for your next set-up.

In your case, if you are in a strong trend downward, you might not want to take all those little riskier longs when trix is changing green. You might just want to wait for longer, safer shorts. Trade with the trend as much as you can. I usually look to the M15 and M30 to be able to clearly see the trend.

Good trading to you. BTW, I don't trade GPB, was just commenting on your chart.
Up or down, gimme a ticket
  • #4,351
  • Feb 3, 2009 3:52am Feb 3, 2009 3:52am
Quoting scouseman
Hi
Can somebody please tell me if this is a valid trade, the trade is marked with red lines?
I know it is sitting around FPV, but it does break it.
This trade does fail but when the market tries again a few bar later it breaks, would that be a vaild trade. All other rules are correct.
Many Thanks
scouseman

Well, as you can see, considering money management, it was really only good for a brief long trade. The trix was deep toward oversold and changing to green, so I would have been looking to trade. Price could also be expected to bounce off that pivot, but not for a lot.

It's often less risky to take your trade to the pivot, catch the very common bounce for a few, and then sit and watch. Let the market determine its direction. Watch your trix, cloud and trend, and get back on.

Just my two cents.
Up or down, gimme a ticket
  • #4,352
  • Feb 3, 2009 3:52am Feb 3, 2009 3:52am
Quoting SpecialEd
Yes, it is usually good to get out of a trade when the trix is near the oversold or overbought line and changes colors. Protect every pip and then watch for your next set-up.

In your case, if you are in a strong trend downward, you might not want to take all those little riskier longs when trix is changing green. You might just want to wait for longer, safer shorts. Trade with the trend as much as you can. I usually look to the M15 and M30 to be able to clearly see the trend.

Good trading to you. BTW, I don't trade GPB, was just commenting on...

Thx for your answer. i had no intenion to take long , i wanted to take a short but i didnt because of the trix telling long, should i take this trade any way? it was a good one btw.
  • #4,353
  • Feb 3, 2009 3:58am Feb 3, 2009 3:58am
Doblece, thanks for the coral thickness fix that you posted. Works perfectly!
.....avoiding the effects of randomness
  • #4,354
  • Feb 3, 2009 4:03am Feb 3, 2009 4:03am
Quoting HUnter123
Thx for your answer. i had no intenion to take long , i wanted to take a short but i didnt because of the trix telling long, should i take this trade any way? it was a good one btw.
I just checked GPB/USD. Looks like it's at 4205. If I were in a strong downtrend, I might have taken that 4231 (I think it was) short you contemplated, but since it was at the pivot, I would have waited for a better setup. I was also a bit concerned because Trix had crossed several times and was below the zero. Would have been worried a bit about running out of steam, but mainly the pivot.

Hope this clarifies. Just my two cents worth.
Up or down, gimme a ticket
  • #4,355
  • Feb 3, 2009 4:03am Feb 3, 2009 4:03am
Quoting SpecialEd
Well, as you can see, considering money management, it was really only good for a brief long trade. The trix was deep toward oversold and changing to green, so I would have been looking to trade. Price could also be expected to bounce off that pivot, but not for a lot.

It's often less risky to take your trade to the pivot, catch the very common bounce for a few, and then sit and watch. Let the market determine its direction. Watch your trix, cloud and trend, and get back on.

Just my two cents.
Hi SpecialEd

Thanks for your reply, I don't think I may have explained myself correctly, it was a short trade, I was looking at.
The trade I took failed because the market went up, but a couple of bar later it tried again and worked,
My guess is that people will say that I should not of taken the trade because it was to close to FPV ( even though it broke) is this correct?
If this is correct would the trade have been valid on the second attempt a couple of bars later when the market fell? Or do you just not trade around pivots?
Many Thanks for your time
scouseman
  • #4,356
  • Feb 3, 2009 4:06am Feb 3, 2009 4:06am
Quoting scouseman
Hi SpecialEd

Thanks for your reply, I don't think I may have explained myself correctly, it was a short trade, I was looking at.
The trade I took failed because the market went up, but a couple of bar later it tried again and worked,
My guess is that people will say that I should not of taken the trade because it was to close to FPV ( even though it broke) is this correct?
If this is correct would the trade have been valid on the second attempt a couple of bars later when the market fell? Or do you just not trade around pivots?
Many Thanks for...
There's always another trade to be considered. You're right, most people would steer clear of the pivot. Let it clear it decisively, maybe even 10-15 pips worth, and watch your chart. If you try to get every pip, you'll find yourself giving more than you get. In forex, that's bad.
Up or down, gimme a ticket
  • #4,357
  • Feb 3, 2009 4:11am Feb 3, 2009 4:11am
Quoting SpecialEd
There's always another trade to be considered. You're right, most people would steer clear of the pivot. Let it clear it decisively, maybe even 10-15 pips worth, and watch your chart. If you try to get every pip, you'll find yourself giving more than you get. In forex, that's bad.
Cheers SpecialEd, thanks for the advice
scouseman
  • #4,358
  • Feb 3, 2009 4:17am Feb 3, 2009 4:17am
Sorry I don't immediately recall the name of the poster, but this is for that person who asked the GPB-USD question. As I said, I do not trade this pair, but I went back and checked the chart. I have marked on Trix and on Priceline where I think would have been a good place to enter. About 17 PIPs below the FPV, trix crosses pretty close to the zero line (always a good indicator), and price was below the crowd with bearish arrows. I also marked (with an "x") where I would have gotten out, if I could have mustered the paitence to let it run. Notice that trix is kinda deep, and it changes colors to green, indicating some form of impending retracement or reversal.

Good trading to all. I'm gone watching my charts for a while. Gotta get those PIPs!
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Up or down, gimme a ticket
  • #4,359
  • Feb 3, 2009 4:17am Feb 3, 2009 4:17am
ummm...
anyone can help me?
i;ve downloaded all the files, and extraceted the ex4 files to the indicators on the expert folder...
and copied the tpl on the templates folder
but why when i use the template, the MT4 is suddenly having an error message?
i have updated the MT4 but the problem still exist..
anybody can help me? thx
Money management is good for your health...
  • #4,360
  • Feb 3, 2009 4:19am Feb 3, 2009 4:19am
Quoting 13thheaven
ummm...
anyone can help me?
i;ve downloaded all the files, and extraceted the ex4 files to the indicators on the expert folder...
and copied the tpl on the templates folder
but why when i use the template, the MT4 is suddenly having an error message?
i have updated the MT4 but the problem still exist..
anybody can help me? thx
Did you put the .wav files in the "sound" folder?
Up or down, gimme a ticket
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